Stephen
Nairobi, Kenya
100% repaid
Name
Stephen
Member since
March 2015
On-time repayments
316 installments • 67%
My name is Stephen and was born in Murang'a County and schooled in rural area till i finished my O-level in 2004.
In 2005 i came to Nairobi where my cousin was staying.We stayed with him for sometime before i looked for my own house and during one of those days i talked to one guy in the neighbourhood and introduced me to hawking of handbags.
After some months of hawking in the estates i decided to look for a small stall so that i could hang those bags there for easy display.
Right now am based in Roysambu where i have rented medium stall where i hang my stock in the morning and in the evening i remove them and carry them to a store nearby.
In our land every man beleives he must work hard to depend oneself.
My dream is that my children could have access to education upto A-level.
My biggest hobby is travveling and observing new areas for bussiness.
Am a member of Arsenal Kenya group which we hold charity events once in 3 months and doing community work around the country.
Dear Lenders my bussines involves buying and selling of handbags,schoolbags,laptop bags,slim bags,college bags,travveling bags,wallets and crutch bags.
The demand for the bags depends on the season,for schoolbags and college bags their demand is high when schools and colleges are about to open for a new term or semester.For travvelings bags demand is high during festive seasons.
For the others like handbags their demands depends on the time of the month.
Main reason for starting this kind of bussiness it was the first thing i did since i thought of practising bussines and so far so good.
During day to day running of this bussines i have to pay for rent,city council rates and storage for the goods.Revenue for the bussines comes from sales made during a certain duration.
The little profit i get from my bussines i save them with an investment group and adding of stock after all expenses.
I also joined a group of young people known as Appreciating our parents in which we visit one parent/guardian per month where we share our stories and as we leave we contribute something to be left at that home we have visited.
HALLO LENDERS...
Thanks a lot to you lenders and Zidisha for the 2nd loan that i had just completed paying.After expansion of my stall through Zidisha loan that i have just completed,am now apply for a 3rd loan for buying a computer and printer since i have realised there are some colleges around this area and i could use that opportunity to earn extra money through typing and printing services.The computer will cost £15 while printer will cost £5.The computer i will also use for records for my day to day running of my bussines.
The other part of the loan will be used for extra stock.Ahead of festive season of Christmas there is always high demand of travveling bags while in January there is high demand of school bags and college bags as school and university reopen for new terms and semesters.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$282.00
Date disbursed
Dec 21, 2015
Repayment status
On Time
Projected term
10 months
Amount repaid
$296.43
Amount remaining
$0.00
Date repaid
Sep 13, 2016
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Dec 30, 2015 | $10.00 | Dec 31, 2015 | $10.00 |
Jan 6, 2016 | $10.00 | Jan 7, 2016 | $10.00 |
Jan 13, 2016 | $10.00 | Jan 14, 2016 | $10.00 |
Jan 20, 2016 | $10.00 | Jan 21, 2016 | $10.00 |
Jan 27, 2016 | $10.00 | Feb 3, 2016 | $10.00 |
Feb 3, 2016 | $10.00 | Feb 17, 2016 | $10.00 |
Feb 10, 2016 | $10.00 | Feb 25, 2016 | $10.00 |
Feb 17, 2016 | $10.00 | Mar 2, 2016 | $10.00 |
Feb 24, 2016 | $0.00 | ||
Mar 2, 2016 | $0.00 | ||
Mar 9, 2016 | $0.00 | ||
Mar 16, 2016 | $0.00 | ||
Mar 23, 2016 | $0.00 | ||
Mar 30, 2016 | $0.00 | ||
Apr 6, 2016 | $0.00 | ||
Apr 13, 2016 | $0.00 | ||
Apr 20, 2016 | $7.50 | Apr 18, 2016 | $7.50 |
Apr 27, 2016 | $7.50 | Apr 18, 2016 | $7.50 |
May 4, 2016 | $7.50 | Apr 18, 2016 | $7.50 |
May 11, 2016 | $7.50 | Apr 18, 2016 | $7.50 |
May 18, 2016 | $7.50 | Apr 18, 2016 | $7.50 |
May 25, 2016 | $7.50 | Apr 18, 2016 | $7.50 |
Jun 1, 2016 | $7.50 | Apr 18, 2016 | $5.00 |
May 31, 2016 | $2.50 | ||
Jun 8, 2016 | $7.50 | May 31, 2016 | $7.50 |
Jun 15, 2016 | $7.50 | May 31, 2016 | $2.50 |
Jun 16, 2016 | $5.00 | ||
Jun 22, 2016 | $7.50 | Jun 28, 2016 | $7.50 |
Jun 29, 2016 | $7.50 | Jun 28, 2016 | $7.50 |
Jul 6, 2016 | $7.50 | Jul 8, 2016 | $7.50 |
Jul 13, 2016 | $7.50 | Jul 25, 2016 | $7.50 |
Jul 20, 2016 | $7.50 | Jul 25, 2016 | $2.50 |
Aug 5, 2016 | $5.00 | ||
Jul 27, 2016 | $7.50 | Aug 5, 2016 | $7.50 |
Aug 3, 2016 | $7.50 | Aug 5, 2016 | $7.50 |
Aug 10, 2016 | $7.50 | Aug 14, 2016 | $7.50 |
Aug 17, 2016 | $7.50 | Aug 18, 2016 | $7.50 |
Aug 24, 2016 | $7.50 | Aug 25, 2016 | $7.50 |
Aug 31, 2016 | $7.50 | Aug 25, 2016 | $0.93 |
Aug 30, 2016 | $6.57 | ||
Sep 7, 2016 | $7.50 | Aug 30, 2016 | $0.43 |
Sep 5, 2016 | $7.07 | ||
Sep 14, 2016 | $7.50 | Sep 5, 2016 | $0.93 |
Sep 13, 2016 | $6.57 | ||
Sep 21, 2016 | $7.50 | Sep 13, 2016 | $7.50 |
Sep 28, 2016 | $7.50 | Sep 13, 2016 | $7.50 |
Oct 5, 2016 | $7.50 | Sep 13, 2016 | $7.50 |
Oct 12, 2016 | $7.50 | Sep 13, 2016 | $7.50 |
Oct 19, 2016 | $7.50 | Sep 13, 2016 | $7.50 |
Oct 26, 2016 | $7.50 | Sep 13, 2016 | $7.50 |
Nov 2, 2016 | $6.43 | Sep 13, 2016 | $6.43 |
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